Exemption u/s 35AC - Central Government had specified for development and extension of educational, medical and sports facilities by Ankleshwar Industrial Development Society as an eligible project or scheme - Amendment in N. No. S.O. 228(E) dated the 17th March, 1994

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....u/s 35AC - Central Government had specified for development and extension of educational, medical and sports facilities by Ankleshwar Industrial Development Society as an eligible project or scheme - Amendment in N. No. S.O. 228(E) dated the 17th March, 1994 Notification No. 190 of 2003, dt. 5th August, 2003 Whereas by notification of the Government of India in the Ministry of Finance (Depar....

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....for a period of three years beginning with assessment year 1994-95 which was extended further vide notification number S.O. 218(E) dated 19th March, 1996 for a period of two years beginning with assessment year 1997-98 which was extended further vide notification number S.O. 216(E) dated 16th March 1998 for a period of two years beginning with assessment year 1999-2000 and which was extended furth....

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....ment, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC, of the Income-tax Act, 1961 (43 of 1961),-- (a) hereby specifies the scheme or project of development and extension of educational, medical and sports facilities to rural areas (through construction of school building, centre of education and rooms in schools with provision of e....